\begin{tabular}{l*{6}{c}} \toprule
                &\multicolumn{1}{c}{\textit{p} = 0}&\multicolumn{1}{c}{\textit{p} = 1}&\multicolumn{1}{c}{\textit{p} = 2}&\multicolumn{1}{c}{\textit{p} = 3}&\multicolumn{1}{c}{\textit{p} = 4}\\\cmidrule(lr){2-2}\cmidrule(lr){3-3}\cmidrule(lr){4-4}\cmidrule(lr){5-5}\cmidrule(lr){6-6}
                &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}&\multicolumn{1}{c}{(3)}&\multicolumn{1}{c}{(4)}&\multicolumn{1}{c}{(5)}\\
\midrule
\textbf{Panel A:} Brazil&                &                &                &                &                \\
\addlinespace
Conventional    &           0.095&           0.110&           0.111&           0.115&           0.114\\
                &   [0.072,0.118]&   [0.093,0.128]&   [0.097,0.126]&   [0.100,0.129]&   [0.099,0.128]\\
\addlinespace
Robust          &           0.082&           0.096&           0.095&           0.105&           0.108\\
                &   [0.029,0.135]&   [0.069,0.122]&   [0.074,0.115]&   [0.087,0.124]&   [0.091,0.126]\\
\midrule
\textit{N}      &            6562&           50129&          152803&          289172&          415529\\
Bandwidth       &            0.20&            1.30&            3.93&            7.44&           11.21\\
AMSE (conventional)&         0.00059&         0.00042&         0.00012&         0.00017&         0.00011\\
AMSE (robust)   &         0.00086&         0.00021&         0.00011&         0.00009&         0.00008\\
 

\midrule
\textbf{Panel B:} Colombia&                &                &                &                &                \\
\addlinespace
Conventional    &           0.197&           0.193&           0.188&           0.191&           0.194\\
                &   [0.171,0.222]&   [0.169,0.217]&   [0.163,0.212]&   [0.164,0.218]&   [0.166,0.222]\\
\addlinespace
Robust          &           0.197&           0.189&           0.190&           0.179&           0.182\\
                &   [0.143,0.250]&   [0.154,0.225]&   [0.157,0.223]&   [0.146,0.212]&   [0.149,0.215]\\
\midrule
\textit{N}      &            6619&           31715&           63086&           88028&          114102\\
Bandwidth       &            0.65&            2.98&            6.28&            9.61&           14.77\\
AMSE (conventional)&         0.00237&         0.00018&         0.00016&         0.00018&         0.00024\\
AMSE (robust)   &         0.00086&         0.00035&         0.00028&         0.00029&         0.00027\\
 

\midrule
\textbf{Panel C:} Denmark&                &                &                &                &                \\
\addlinespace
Conventional    &           0.373&           0.346&           0.275&           0.306&           0.214\\
                &   [0.338,0.409]&   [0.301,0.391]&   [0.225,0.325]&   [0.256,0.356]&   [0.156,0.272]\\
\addlinespace
Robust          &           0.318&           0.266&           0.210&           0.258&           0.173\\
                &   [0.273,0.363]&   [0.216,0.317]&   [0.147,0.273]&   [0.205,0.312]&   [0.101,0.244]\\
\midrule
\textit{N}      &            6656&            7389&            7624&            9454&            8854\\
Bandwidth       &            3.81&            5.45&            6.03&           14.79&           11.19\\
AMSE (conventional)&         0.00554&         0.00607&         0.00522&         0.00330&         0.00285\\
AMSE (robust)   &         0.00050&         0.00075&         0.00113&         0.00081&         0.00139\\
 
 
\midrule
\textbf{Panel D:} Finland&                &                &                &                &                \\
\addlinespace
Conventional    &           0.025&           0.008&          -0.000&          -0.014&          -0.008\\
                &   [0.000,0.049]&  [-0.019,0.035]&  [-0.027,0.026]&  [-0.041,0.014]&  [-0.036,0.020]\\
\addlinespace
Robust          &          -0.052&          -0.024&          -0.017&          -0.020&          -0.028\\
                &  [-0.112,0.008]&  [-0.063,0.015]&  [-0.056,0.023]&  [-0.056,0.015]&  [-0.063,0.006]\\
\midrule
\textit{N}      &            6810&           34401&           79847&          108100&          127026\\
Bandwidth       &            0.27&            1.05&            2.37&            4.12&            6.91\\
AMSE (conventional)&         0.00637&         0.00138&         0.00045&         0.00018&         0.00023\\
AMSE (robust)   &         0.00096&         0.00041&         0.00030&         0.00027&         0.00024\\
\bottomrule \end{tabular}
